NASDAQ drops the ball on NYSE Euronext takeover bid

May 16, 2011
<p>NASDAQ and ICE abandon proposed $11 bn bid to acquire rival NYSE Euronext</p>
NASDAQ and IntercontinentalExchange (ICE) announced today that they are abandoning their proposed $11 bn bid to acquire rival NYSE Euronext. This comes in the wake of discussions with US antitrust officials who said the firms would not be granted regulatory approval

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